Type:   NJF
Party:   Bank OZK
County:   Faulkner
Attorney:   Michael J. Ptak
Property:   237 McDermott Trail, Mayflower AR 72016
Property Description:   NE1/4 NW1/4 Sec5 T4N R14W

This Instrument Was Prepared By: Michael J. Ptak Attorney at Law 17901 Chenal Parkway P.O. Box 8811 Little Rock, Arkansas 72231-8811 (501) 978-2226 MORTGAGEE’S NOTICE OF DEFAULT AND INTENTION TO SELL You May Lose Your Property If You Do Not Take Immediate Action. If Your Property Is Sold You Will Remain Liable For Any Deficiency And An Action For Collection May Be Brought Against You. NOTICE IS HEREBY GIVEN that on December 12, 2019, at or about 11:00 a.m., the following real property and all improvements and fixtures located thereon will be sold at the Faulkner County Courthouse located in Conway, Arkansas, at the location where statutory foreclosure sales are customarily advertised and conducted, to the highest bidder for cash: Part of the NE ¼ NW ¼ of Section 5, Township 4 North, Range 14 West, Faulkner County, Arkansas, more particularly described as follows: From the Northwest corner of the NE ¼ NW ¼, Section 5, Township 4 North, Range 14 West, run thence South a distance of 882.30 feet to the point of beginning; run thence due South a distance of 249.60 feet to the Southwest corner of the NE ¼ NW ¼; run thence due East a distance of 1004.71 feet to the road right of way; run thence North 00 degrees 53 minutes West a distance of 249.63 feet to the Northeast corner of said tract; run thence due West a distance of 1000.88 feet to the point of beginning, such real property having the address of 237 McDermott Trail, Mayflower, Arkansas 72016 (hereinafter referred to as the “Property”). On May 17, 2018, Gerald Lann Smith, an unmarried person, executed a Mortgage (hereinafter referred to as such) in favor of Bank OZK, formerly known as Bank of the Ozarks (hereinafter referred to as “Bank OZK”), which Mortgage was filed of record on May 29, 2018, as Document No. L201808246, in the office of the Circuit Clerk and Ex-Officio Recorder of Faulkner County, Arkansas, whereby Gerald Lann Smith, an unmarried person, conveyed the Property to Bank OZK. Gerald Lann Smith, an unmarried person, has defaulted in the monthly payments owed to Bank OZK under the Note which is secured by the Mortgage and is more than one hundred ninety (190) days past due in payments to Bank OZK. The undersigned is the attorney for Bank OZK, the mortgagee, and is acting on behalf and with the consent and authority of the mortgagee, which is exercising its power of sale under Ark. Code Ann. § 18-50-115 (West 2019), which implies a power of sale in every mortgage of real property situated in this state that is duly acknowledged and recorded. The sale will extinguish all rights of any party claiming an interest in the Property, including existing lienholders, current or previous owners of the property, or tenants. Any purchaser at the sale shall pay an auctioneer or agent’s fee in addition to its bid. WITNESS my hand this 8th day of October, 2019. By: Michael J. Ptak (Ark. Bar No. 93213) Attorney at Law P.O. Box 8811 Little Rock, Arkansas 72231-8811 Telephone (501) 978-2226 Facsimile (501) 320-4111 FOR SALE INFORMATION, VISIT WWW.NONJUDICIALFORECLOSURE.COM ptak0164 DR4T-11/12,11/19,11/26,12/3/19